Mon.Dec 16, 2024

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Strengthening Your Digital Front Door and Cybersecurity | FinTalk

Jack Henry

Back in the early 2000s, I faced a devastating situation when the digital banking company I worked for experienced a massive data breach impacting hundreds of financial institutions. At the time, digital banking was new, and many financial institution executives thought the internet was just a passing trend, resulting in caution and fear that digital banking may put their accountholders and financial institution at risk.

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Amex keeps focus on younger customers

Payments Dive

The credit card company is sticking with a strategy to concentrate marketing on the millennial and Gen Z generations shaping shopping trends.

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Banking agencies release CRA data on small-business, small-farm lending in 2023

ABA Community Banking

The total number and value of small-business and small-farm loans made by financial institutions subject to the Community Reinvestment Act declined in 2023 compared to the previous year, the banking agencies reported. The post Banking agencies release CRA data on small-business, small-farm lending in 2023 appeared first on ABA Banking Journal.

Lending 52
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Nacha CEO talks 2025 trends

Payments Dive

Jane Larimer, who leads the association, predicts pay-by-bank and instant payments will remain hot topics next year, with artificial intelligence staying center stage as well.

Trends 222
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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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Stablecoin payment plays accelerate as 2024 closes

American Banker

Ripple, MoneyGram and FV Bank all bolstered their ability to distribute digital assets, with cross-border transactions emerging as a primary use case.

More Trending

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Synovus looks to add bankers amid stiff competition in the Southeast

American Banker

The Georgia-based bank plans to hire 85 relationship managers over the next three years to support growth in commercial and middle-market lending and private wealth. "The biggest risk is not being able to hire the bankers," said CEO Kevin Blair.

Georgia 69
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Community Banks Face Perfect Storm of Cybersecurity, Regulatory and Funding Pressures

The Financial Brand

This article Community Banks Face Perfect Storm of Cybersecurity, Regulatory and Funding Pressures appeared first on The Financial Brand. A new CSBS survey reveals community banks caught between innovation and risk as they face rising cybersecurity threats, regulatory pressures and funding challenges. This article Community Banks Face Perfect Storm of Cybersecurity, Regulatory and Funding Pressures appeared first on The Financial Brand.

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The biggest data breaches of 2024 in financial services

American Banker

Data breaches in 2024 exposed billions of records, impacting financial firms, banks and consumers alike.

Data 67
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Boston banks Berkshire, Brookline to merge in $1.1 billion deal

American Banker

The combination would create a Northeast regional bank with nearly $24 billion of assets. It would rank as the eighth-largest bank in the Boston metropolitan area by deposit market share.

Boston 41
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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Flagstar promotes Lee Smith to CFO

American Banker

The bank ends the year with a substantially different profile from early 2024, which brought new leadership, a significant reduction to its mortgage operations and a corporate rebrand.

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Credit unions bought a record-breaking 20 banks in 2024

American Banker

The unprecedented number of deals came in a year when banks struggled to find merger partners in their markets.

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'Something great with crypto:' Trump affirms bitcoin reserve

American Banker

The president-elect confirmed that he will pursue a strategic reserve of the flagship cryptocurrency as part of a broader push for the U.S. to champion the digital asset industry.

Bitcoin 98
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The banking industry should take the lead on modernizing regulation

American Banker

If the Trump administration is really planning to trim back regulations on banking and financial services firms, the industry needs to get out in front of the process by identifying necessary reforms.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Where the Fed's Michael Barr goes from here

American Banker

Known as a pragmatic moderate before arriving at the Fed, Vice Chair for Supervision Michael Barr is now synonymous with an aggressive and divisive approach to bank regulation. Can he still accomplish his goals under President Trump?